Spot Bitcoin ETFs Post $411M Net Outflows Friday as ETH and SOL Funds Also Bleed After Midterms
AI Market Summary
Spot crypto ETF outflows accelerated after Democrats swept the midterms, with BTC funds losing $411M Friday and $1.2B this month. The result lowers odds for the CLARITY Act, raises regulatory-investigation risk, and coincides with the Fear and Greed Index at 32. Fed hold with hawkish dissents and December hike expectations add pressure. Near-term crypto risk appetite remains fragile.
Impact level
● High
Affected assets
BTC/USDT-1.64%
AI Insight · BTC/USDTAI Insight
▼ Bearish
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Spot Bitcoin ETFs recorded over $411 million in net outflows on Friday, led by BlackRock IBIT at $403 million, per SoSoValue. Ethereum funds lost $93 million, and Solana ETFs shed over $26 million in November. Bitcoin funds have bled $1.2 billion this month. The Crypto Fear and Greed Index sits at 32 as investors weigh the Democratic midterm sweep and fading odds for the CLARITY Act.